The Vandy Company had the following inventory at year$-$end:

Unit Price

Quantity

Cost Net

Realizable

Value

Fans

Model X$1300$ $$18$ $$19$

Model X$22502324$

Model X$34502925$

Heaters

Model B$75002430$

Model B$82903532$

Model B$91004137$

Required

Determine the value of ending inventory after applying the lower$-$of$-$cost$-$or$-$net realizable value method to each item of inventory.

Applying the lower$-$of$-$cost$-$or$-$net realizable value method to each item of the inventory results in an ending inventory amount of $Answer